YAM.finance

Total Users

Rewards

Volume: $0
Contract Balance: $350,426
Category: - No data available.
Blockchain: Ethereum
Language: - No data available.

Official links

Website

Social media

News

Potential End of the Ripple and SEC Legal Battle on the Horizon

The Ripple case: SEC may withdraw its appeal, concluding a long-standing legal struggle.

Giorgi Kostiuk

a few seconds ago

Ethereum and BONK Prices: Insights and BlockDAG Launch

Overview of Ethereum and BONK price dynamics, along with BlockDAG's unique launch opportunity.

Giorgi Kostiuk

a minute ago

BONK Price Recovers, Ethereum Surpasses $3K Amid BlockDAG's Unique Offer

BONK is recovering, Ethereum has exceeded $3,000, and traders are showing interest in BlockDAG's new offerings.

Giorgi Kostiuk

a minute ago

What is YAM.finance?

YAM Finance is a new elastic supply token where the supply of the token expands and contracts in response to the token price – with the ultimate aim of stabilizing to a $1 USD PEG. A 12 hour “Rebase” will increase/decrease the total supply of the token depends on its price. This means that after a rebase, wallets holding YAM will experience changes to the balance even if no YAM is sent out of the wallet. This concept is similar to Ampleforth (AMPL). YAM has gained enormous attention after it’s launch on the 12 of August due to its extremely high Yield Farming (More than 1000% APY) rewards and Meme suitability. On top of this, the elastic supply of YAM means that it catches the attention of those who missed out on the AMPL hype train.